FinTech
FinTech democratizes access to investments as capital shifts toward private markets, says Oi Yee Choo of ADDX [Q&A]
The shift toward private capital is driving innovation in many ways – in technology, in business processes, and in the way the markets are regulated. The rise of platforms like ADDX that expand access to private investments such as VC funds, pre-IPO equity, hedge funds, wholesale bonds, and private real estate, is an example of that innovation.
Airwallex founders launch new venture capital fund Capital 49, aims to raise $200M
Capital 49 will look for opportunities to invest in companies within Airwallex’s ecosystem, across a number of industries including e-commerce, SaaS, digital and technology, business services and enablers, and FinTech.
Temasek-backed payments firm Nium raises $200M in Series D funding, now a unicorn
The new funding will enable it to rapidly expand its technical platform and add new embedded fintech services.
AIA Malaysia buys minority stake in Ant-backed e-wallet operator TNG Digital
AIA will offer Touch ‘n Go eWallet customers a seamless, convenient and frictionless experience, making it easy to buy, claim and renew policies.
Singapore B2B transactions platform Tinvio secures $12M Series A to launch new financial services
With its Series A fund, the startup that began with giving B2B users a streamlined platform to communicate and consolidate orders will now delve further into fintech and plans to launch additional financial services, such as financing and credit card issuing.
Private exchanges give investors a choice on product fit, investment goals, and risk tolerance, says Willie Chang of HGX [Q&A]
With this RMO license, HGX can now fully operate as Asia’s first member-driven private exchange to support the issuance and trading of both digital and non-digital capital market products.
Malaysia PE firm Creador eyes tech sectors after raising $500M for first close of 5th fund
The development comes at a time when more global PE firms are looking for investment opportunities in the tech sector in Southeast Asia.
Robo-advisor & wealth management platform Syfe raises $30M Series B for product development & Asia expansion
The funds raised will be used to expand into new markets in Asia, invest in top talent and develop more high-quality investment products and services. Syfe has also pledged that everyone in the firm will become a shareholder, allowing all employees to benefit from future growth in the company.
Without legacy infrastructure, cloud-native digital banks are faster & more innovative than traditional banks, says UNObank CEO Manish Bhai [Q&A]
Singapore-based FinTech UNObank was granted the first new digital banking license under the Digital Banking License framework of the Bangko Sentral ng Pilipinas. Manish Bhai shares insights on how digital-native banks can provide faster and more innovative services to address the needs of the underbanked and unbanked.
Fintech Angel Operators to fund and bring on-the-ground expertise to early-stage FinTech startups [Q&A]
TechNode Global interviewed key members of the Fintech Angel Operators to seek their insights on the growing market for FinTech services in the Southeast Asia region with a particular focus on how the model of an angel investor network can accelerate growth in this space.
